Finance
A real estate investment trust (REIT) allows individuals to:
AAvoid all real estate taxes on investment properties
BInvest in large-scale, income-producing real estate without direct property ownership✓ Correct
CObtain TREC-licensed status for tax purposes
DObtain commercial financing at below-market rates
Explanation
REITs allow individual investors to purchase shares in portfolios of income-producing real estate (similar to stocks) without direct property ownership. REITs must distribute at least 90% of taxable income as dividends.
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